Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Put Spread trade opportunity for GRAB HOLDINGS LIMITED CLASS A ORDINARY SHARES (GRAB) for the 4-Feb-2022 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. GRAB was recently trading at $5.62 and has an implied volatility of 78.70% for this period. Based on an analysis of the options available for GRAB expiring on 4-Feb-2022, there is a 34.14% likelihood that the underlying will close within the analyzed range of $4.73-$5.62 at expiration. In this scenario, the average linear return for the trade would be 23.97%. Big -7.04% Change: After closing the last trading session at $6.04, GRAB HOLDINGS LIMITED CLASS A ORDINARY SHARES opened today at $5.86 and has reached a low of $5.59. Trade approach: A movement as big as -7.04% is a significantly bearish indicator, so this trade is designed to be profitable if GRAB maintains its current direction and does not revert back to pricing on the bullish side of $5.62 on 4-Feb-2022. If possible, the trade has been padded such that slight movement against the trade would still return a profit. Upside potential: Using this bearish strategy, the trade would be profitable if GRAB HOLDINGS LIMITED CLASS A ORDINARY SHARES closes at or below $5.70 on 4-Feb-2022. Based on our risk-neutral analysis, there is a 53.49% likelihood of this return. Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment. To analyze this trade in depth, please visit the Quantcha Options Search Engine.